Question: CHECK YOUR UNDERSTANDING When using the 3 Cs Model for pricing, which step is crucial for determining the upper range of the price for a

CHECK YOUR UNDERSTANDING
When using the 3 Cs Model for pricing, which step is crucial for determining the upper range of the price for a product or service?
Calculate the cost of the product for the company
Study the competition in the market
Research what value customers place on the product offering
CHECK YOUR UNDERSTANDING When using the 3 Cs

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